India’s federal bargain with states needs a reset for fiscal responsibility: here’s what may work
· livemint.com
The soundness of state finances is vital for both economic and political reasons. It may be time for the Centre to consider various incentives to ensure that state budgets do not go haywire. Here are some that could prove effective.
Niranjan Rajadhyaksha
Niranjan Rajadhyaksha is the executive director of Artha Global (India), a public policy consulting firm. He has previously been the rese...